Equitas Global Financial Guarantee Ltd.
Equitas Global Financial Guarantee Ltd. (EGFGL), is a Financial Guarantee company.
Equitas Global Financial Guarantee Ltd. provides principal and payment contractual guarantees, backed by Government Treasury bonds.
A financial guarantee refers to a promise made by one entity or person to the lender for the debt obligation of another entity or person. If that entity cannot meet the obligations, the entity taking the responsibility would pay on behalf (i.e., make good the default).